Home Depot HD technical analysis

$321.05▲ 0.94%

Zones and indicators are computed from live candles, not opinions - the same engine that draws the agent's charts.

Daily trend

Downtrend

RSI-14 · 4h

21 · oversold

RSI-14 · 1D

Daily SMAs

SMA20 333.174 · SMA50 338.565 · SMA200 343.827

Swenai's read

as of Sep 5, 14:22 UTC

HD trades at $321.05 with a 24h gain of 0.94%, yet momentum remains heavily bearish: 4h RSI14 sits at 21, 1D RSI14 at 32, and price holds below all key daily moving averages (SMA20 333.174, SMA50 338.565, SMA200 343.827), confirming a downtrend.

The immediate battle is between 1D support 319.05-323.05, touched 7 times, and 4h resistance 321.7-323.05, touched twice. Price is inside this overlapping zone, with 4h support 314.728-315.692 (1 touch) acting as the next downside shelf.

Bulls need a daily close above 323.05 to challenge 4h falling resistance trendline ~332.092 and 4h SMA20 327.724. Bears must defend 321.7-323.05; a breakdown below 319.05 targets 314.778-315.742 or 309.918-310.882, using 1D touch counts as reference.

Home Depot 4h chart with computed support and resistance zones

Home Depot 1D chart with computed support and resistance zones

Trendlines

Line	Timeframe	At price now	Touches	From price
Falling resistance	4h	332.092	2	+3.4%

A trendline moves with every candle - the "at price now" value is where the line sits on the newest bar. Both lines are drawn on the charts above.

4h zones

Zone	Range	Touches	From price
Support	314.728-315.692	1	-1.8%
Resistance	321.7-323.05	2	+0.4%
Resistance	326.17-331.59	6	+2.4%
Resistance	333.7-336.555	3	+4.4%

1D zones

Zone	Range	Touches	From price
Support	319.05-323.05	7	-0.0%
Support	314.778-315.742

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Zones, RSI and moving averages are computed from exchange candles and refresh through the day; the written read updates every few hours. Educational information, not financial advice.